Marie Fitzgerald
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Nvidia Agrees to Pay $5.5 Million to SEC Fine for Failure to Crypto Mining Disclosures
Marie Fitzgerald - 0
Nvidia Corporation, a pioneer provider of graphics processors and related software, has agreed to pay a $5.5 million fine to settle the United States Securities and Exchange Commission (SEC) over allegations that the company failed to adequately disclose revenue from cryptocurrency mining. The Commission made the announcement on...
Meta Platform Inc’s social media offshoot, Instagram is reportedly on track to support Non-Fungible Tokens (NFTs) from 4 prominent blockchain protocols including Ethereum (ETH), Solana (SOL), Polygon (MATIC), and Flow (FLOW).
First broken by Coindesk, the social media giant is notably set to permit NFTs resident on these...
The past week saw a comprehensive and encompassing onslaught in the crypto market ecosystem as the combined market capitalization plunged to $1.56 trillion, the lowest level that has been recorded since February 24.
Investors are no longer oblivion of the fact that the continuous increase in interest rates by...
Bitcoin has been trending on a bearish path since May 5, and liquidation in the market has trickled over the weekend.
The leading cryptocurrency was down by 4.30% in the last 24 hours to hit $34,436.21 during intraday trading, according to CoinMarketCap.
Short-term holders might be behind the current selling...
Bitcoin Addresses at a Loss Hit a 2-Year High as Extreme Fear Engulfs the Market
Marie Fitzgerald - 0
The bearish momentum witnessed in the Bitcoin (BTC) market has made addresses at a loss to climb to a two-year high.
Crypto insight provider Glassnode stated:
“Number of Bitcoin addresses in Loss (7d MA) just reached a 2-year high of 15,312,636.333.”
Source: Glassnode
Furthermore, nearly 41% of Bitcoin’s circulating supply is at...
Crypto Needs a Balanced Approach for an Enhanced Global Outreach, PayBito CEO Says
Marie Fitzgerald - 0
For crypto’s full potential to be harnessed, striking a balance between divergent patterns and enhancing diversity at all levels is needed, according to Raj Chowdhury, the CEO of crypto trading platform PayBito.
With multiple metrics reflecting that the crypto community comprises mostly men, Chowdhury believes addressing the gender disparity...
Bitcoin and cryptocurrency mixing service, Blender.io has been added to the sanctions list by the United States Treasury Department.
The startup which helps facilitate private cryptocurrency transactions was added to the list as investigations showed that it was used by the North Korea-based hacking group, Lazarus who stole $620...
The United States District Court for the Southern District of New York (SDNY) has pronounced a combined Civil monetary fine of $30 million for the three embattled BitMEX exchange co-founders indicted for violating the US Bank Secrecy Act.
The co-founders include Arthur Hayes who served as the Chief Executive...
Bitcoin (BTC) entered the weekend in the red after dropping to the $35,700 level based on a high number of daily active addresses, according to market insight provider Santiment.
Santiment noted:
“The Bitcoin network had 1.17M unique active addresses making transactions, which was the highest amount of utility since December...
90% of apex banks have shown intentions of rolling out Central Bank Digital Currencies (CBDCs), according to a study by the Bank for International Settlements (BIS).
Per the report:
“Nine out of 10 central banks are exploring central bank digital currencies, and more than half are now developing them or...